Sometimes storage prices in the next town or suburb over are significantly cheaper than those in your immediate area. One of the best pieces of advice we can give customers looking for the cheapest storage in their area is to expand the breadth of their search. Depending on how often you'll need to access your unit, this could be the way to go. We've had our analysts go over the data on self-storage (sometimes known as public self storage or mini storage) in Waukesha to see how it compares with other cities in its state.
An average price of $72 a month for a storage unit makes Waukesha the 7th most expensive city in Wisconsin for self-storage, while Wisconsin itself is the 28th most expensive state. In more exact terms, storage in Waukesha costs an average of $6.81 more than the average storage unit in Wisconsin, which goes for 65.19.
These average prices don't necessarily tell you how affordable storage in one city is compared to another, as the cost of living changes from place to place. That's why we've developed a 'relative price' scale that takes state median income into account. In Wisconsin, the median income is $51,999.00 a year, which would make the average $72 unit in Waukesha cost 1.66% of a median earner's monthly income. Compared to other cities in Wisconsin, this is a fairly-high percentage of income to spend on storage, ranking Waukesha in the 68th percentile statewide. This leads us to label the city as a somewhat expensive place to rent self-storage.
Waukesha self-storage prices are somewhat expensive on the national scale as well. When compared with cities on our national network they rank in the 52nd percentile. To put that in more concrete terms, storage in Waukesha should cost an average of $0.15 less than the national average price of 72.15.
Changing seasonal demand often causes storage prices to swing between highs and lows during different parts of the year. The low season generally lasts from October through March, with prices kicking up in April and hitting their high from May to September. The single busiest day of the high season is typically National Moving Day, also called 'Crazy Tuesday' by storage facility operators for the amount of activity they see that day, which is the day after Memorial Day. 5x5 and 5x10 units often see wider seasonal swings, primarily due to college students renting these smaller sizes when they leave town for the summer. College towns will be particularly affected by this.
Seasonality doesn't affect prices in Waukesha as much as it does other cities, meaning there's less of a difference in price between low and high seasons. Still, booking during the low season and locking in your price with the facility is an important part of getting a good deal on self storage. September is the most expensive month for storage in Waukesha, with an average price of $149. The cheapest prices on storage in Waukesha can be found during the month of November, where the average cost of a unit is $68.
It's nearly impossible to know what a good monthly rate on a storage unit is if you don't know what kind of prices to expect in Waukesha. Since storage prices can change dramatically from one town to the next, the only real comparison you can make is with other facilities in the immediate area. In order to prevent you from going into your storage search in the dark, we've had our analysts comb through all the data on Waukesha storage you might need.
On average, a self storage unit in Waukesha will rent for $72 a month. If your're in need of storage for a longer term, remember that at that rate a unit will cost you approximately $864 a year. Don't, however, put too much weight on that number, as it does not discriminate by unit size. Units of different dimensions will of course go for different prices. In Waukesha you'll have the option of renting six standard storage unit sizes, such as 5x10, 10x10, 10x15, 10x20, and 10x30. For each standard unit size, the average rental rate in Waukesha is:
|Storage Unit Size||Average Price in Waukesha, WI|
Finding storage is a game of numbers, and one important number is that of the amount of storage facilities in your city. More facilities bring more options, so the odds of finding the perfect unit increase as the number of facilities in your area does. How many facilties are operating in Waukesha?
SelfStorage.com has 5 storage facilities in Waukesha, WI listed on its network. In Wisconsin, the average city is home to 7 storage businesses, a whole 2 more than what's offered in Waukesha, meaning you'll have fewer options in Waukesha than you might elsewhere in the state. To put it into a different perspective, that's just barely 3.85% of the facilities in Wisconsin, ranking it as the 6th largest out of 20 Wisconsin cities in terms of number of storage businesses. Waukesha is below the national average as well, with 4 fewer storage facilities than the national average of 9 per city.
But how does Waukesha compare to the rest of Wisconsin and the nation on a per capita basis? After all, not controlling for population makes most city comparisons obsolete. How, then, does Waukesha with its 68,376 people compare to cities of a like size? Waukesha comes in a little bit below the mark, as it turns out, offering fewer facilities than is average for a city its size. Other cities with populations of 50,000 to 100,000 offer an average of 11 facilities, 6 more than Waukesha does. We've further validated Waukesha's relative lack of storage space by examining its per capita count of facilities. Among storage facilities across the United States, Waukesha ranks in the 17th percentile for self-storage facilities per resident. That extremely-low rank indicates a low amount of self storage space for the 68,376 inhabitants of Waukesha, meaning the securing your ideal storage unit could be more difficult in Waukesha than it is in other cities. Perhaps if we only compare Waukesha to other cities in Wisconsin it might appear to have more storage space? Unfortunately, even by that measure it does seem as if Waukesha offers relatively little space, as it places in the 15th percentile for per capita storage facilities in Wisconsin.
We feel we should also mention the fact that Waukesha has seen moderate population increases in the past decade, jumping 4% from 2000 to 2010. That's not an inconsequential increase, however it is 2% less than the 6% growth the state of Wisconsin saw in total. There might then indeed be less demand for storage in Waukesha created by people moving into town, but at the same time there's already less storage per person than in other cities in Wisconsin, so the curent population faces an already-low supply.
Storage prices often follow real estate trends, which means that certain areas of Waukesha can be significantly more or less expensive than others. Searching for storage in the 53186 ZIP code should yield the cheapest rental rates, as units there average $119.00 a month, lower than anywhere else in Waukesha. Rental rates are most expensive in the 53188 ZIP code, where they go for an average $139.18 per month.
Trying to book a very affordable self storage unit in Waukesha, WI? November is the best time to begin your search for storage, and the best place to look for storage is in the 53186 ZIP code. The worst time to search for storage is during September, when unit prices reach their year-long summit, and keep in mind that the 53188 area is costlier than other areas.
If you’re considering buying/selling a home instead of renting, it’s crucial to find a storage unit that will last you through the purchase or sale process. Especially when, according to Zillow, Waukesha had an average home value of $168,000 which in the past year is up 0.014%.